Financials
- Fiscal year
- 2024
- Total assets
- €256,335
- Profit
- €28,901
- Solvency
- 18.7%
Total assets▼ 22.4%
Net result
20182024
SDBS GROUP
ActiveSummary
SDBS GROUP has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €48,019 and a net result of €28,901. Equity is shrinking by ~26.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 20% of 37957 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Activity
Business and other management consultancy
NACE 70200Business consulting NACE 70220NACE 74142
1 site
Size
€256,335total assets 2024
- Equity
- €48,019
- Profit
- €28,901
Turnover not published (abridged schema)
Structure
Accounts 63 d overdue0 of 7 deeds read
Why 68- Figures for FY 2024 (filed 30-07-2025)- Liquidity: current ratio 0.73, cash €3,906+ Size: total assets €256,335+ Sector Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Score 2024
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 47% of its sector peers (NACE 70, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
44+13
equity 18.7% of total assets
Liquidity
43+8
short-term debt 24.8% · cash 1.5%
Profitability
83+6
return on assets 11.3%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 11 months
12-2025: 0.2%lowest value
01-2026: 0.2%● 0.0% vs 12-2025lowest value
02-2026: 0.2%● 0.0% vs 01-2026lowest value
03-2026: 0.2%▲ +1.3% vs 02-2026
04-2026: 0.2%▲ +6.4% vs 03-2026
05-2026: 0.2%▼ -4.8% vs 04-2026
06-2026: 0.2%▼ -1.9% vs 05-2026
07-2026: 0.2%▲ +13.5% vs 06-2026
08-2026: 0.4%▲ +118% vs 07-2026
09-2026: 0.5%▲ +34.3% vs 08-2026
10-2026: 0.9%▲ +64.4% vs 09-2026highest value
- Figures for FY 2024 (filed 30-07-2025) raises the probability
- Size: total assets €256,335 lowers the probability for this profile
- Sector Activities of head offices; management consultancy activities (NACE 70) lowers the probability
- Liquidity: current ratio 0.73, cash €3,906 raises the probability
Credit up to €3,000 at 30 days acceptable
Liquidity short (current ratio 0.73 against 0.77 in 2023; short-term debt: 24.8% and cash: 1.5% of total assets), and 81.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 70, micro). Better than this share of them on solvency 22%, liquidity 22%, profitability 51%, growth against the median 93%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 37957 sector peers (2024).
NBB · sector comparisonPosition among 37957 sector peers
Solvency
better than 20%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €48,019
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
25 d late
2022
25 d late
2021
30 d late
2020
16 d late
2019
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 11 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2018net €28,901 ▲33.2%
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2016
- 30-07-2025Annual accounts filed
- 31-12-2024Highest result since 2018
- 25-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Business and other management consultancyNACE 70200
- Founded
- 19-03-2004
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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